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Analysts expect the Rumpel Felt Company to generate EBIT of $ 3 0 million annually in perpetuity ( starting in one year ) . Rumpel

Analysts expect the Rumpel Felt Company to generate EBIT of $30 million annually in perpetuity (starting in one year). Rumpel is all equity financed and stockholders require a return of 10%. Rumpel operates in Utopia where corporate taxes are zero. What is the value of the Rumpel Felt Company?
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